Freehold is committed to the highest possible standards of openness, honesty and accountability in its dealings with stakeholders. Our Code of Conduct demands that we uphold applicable laws and regulations, behave ethically, and respect the rights, culture and dignity of all individuals.
Environmental, Health and Safety
Most of the oil and gas properties in which Freehold has royalty interests are operated by other companies, and Freehold has little power to influence the operators. While environment, health and safety, and other risks arising out of these operations are not typically direct risks for Freehold, our business model is dependent on the industry operating in a responsible manner.
Environment, health and safety fall under the responsibility of Rife as Manager of Freehold's assets. Rife is committed to ensuring the health and safety of employees, contractors, visitors and the public, as well as protecting the environment. Rife's goal is to conduct its operations in a manner that will minimize adverse environmental effects and consequences of loss.
In compliance with Alberta Partnerships in Injury Reduction, Rife has developed and maintains an Occupational Health and Safety Program, including corporate and site specific emergency response plans for operated properties in both Alberta and Saskatchewan. Rife's Program is audited annually by Enform, an independent evaluator, and Rife has been awarded a Certificate of Recognition (COR) since 2006.
Support for Communities
Freehold and Rife support the community by donating to registered charities and not-for-profit organizations. We are especially supportive of local organizations addressing education, health and community services focused on the needs of children and families.